A Tipping Point in the World of FinanceDr. David Martin
The interview with David Martin is a truly unique one on Worldwide Tipping Point. David and M-CAM (the organization he runs) have planted themselves within the heart of what many feel is the true darkness within our society: the financial arena.
David’s mission is to change the world of monetary exchange from the inside out. As you listen to this interview, you will get a sense that the manner in which David and M-CAM hold financial transactions is very different from what we usually hear.
How so? For one they focus their attention on the human implications of value exchange, something our culture has apparently forgotten about if you read the newspaper or watch the news.
If a shift is going to occur within the economic realm, I think the energetic that David and M-CAM bring will play an important role as it is time we truly recognize how far our system of money exchange has evolved away from our most basic human values.
There is a lot I am excited about with this interview, but perhaps the most thrilling piece to David’s work for me personally is a platform M-CAM has built called Global Innovation Commons:
Using The Current System For Radical Global Change
As most people are aware, the global patent system is a platform used to halt the spread of creative ideas much more than it is utilized to spread the benefits of creative, life-supporting innovations.
In fact, over 90% of the patents ever filed are virtually buried and never used, as they serve the primary purpose of protecting existing patents making it extremely hard for new innovations to manifest in the world. Business as usual, right?
The only problem is that we are living in a world where 2 billion people live on less than $2 a day and 17,000 children die of starvation every 24 hours. And some of these ideas, these patented concepts that are used to protect the wealth of giant corporations (for the most part), could be utilized to alleviate this massive amount of suffering.
But the innovations are stifled, stuck in the matrix of legality that would make it impossible for some small village in Ghana (as an example) to access, say, a life-supporting water filtration system that some mega corporation ‘has a patent’ on.
Or are they? David Martin and M-CAM claim this is not the case, and they have built an incredible platform called Global Innovation Commons that unleashes the use of existing intellectual property to a global community.
As it turns out, the global patent system is not as global as you might think. Each and every patent granted to an individual or a corporation would need to be filed in every country individually in order for it to have a truly exclusive global claim.
And it costs a lot of money to file patents in every country, which is why very few patents are filed this way. You see where this is going?
David and M-CAM recognized the gap in coverage within our ‘global’ patent system and built a technology called Global Innovations Commons which:
1) Searches every patent in the world
2) Figures out which countries the patents have not been filed
3) Compiles the results in a database for global citizens to access
Do you see how incredible and brilliant this is? M-CAM has been working with groups from all over the globe who have come on to Global Innovation Commons, found relevant patents that address specific problems, and are implementing culture shifting innovations that are helping people live better lives.
To me, this is a prime example of the Tipping Point in action and the connective power of the Internet in its finest form. Like a tree breaking through a sidewalk (which we see all the time but rarely recognize how incredibly powerful it is), Global Innovation Commons is changing the world from the bottom up.